Radar > 235826

Lar España studies ten acquisitions worth EUR 1bn

Lar España estudia diez adquisiciones por valor de EUR 1.000m

Intel ID : 235826
Synopsis

Lar España (BME:LRE) is studying ten real estate transactions, worth approximately EUR 1bn, announced the REIT in a press release issued on 21 April, 2016.

All the assets are located in Spain, mainly in the shopping center business and, to a lesser extent, in offices and logistics.

José Luis del Valle, Lar España's president, noted the company has EUR 200m to invest without needing to resort to the bond market or a capital increase.
(content in spanish)

Lar España (BME: LRE) está analizando diez operaciones inmobiliarias, que tendrían un valor de EUR 1.000m, según ha informado la SOCIMI en una nota de prensa el 21 de abril de 2016.

Todos los activos se encuentran ubicados en España, principalmente en el negocio de centros comerciales y, en menor medida, en oficinas y logística.

José Luis del Valle, presidente del grupo, ha explicado que la compañía cuenta con EUR 200m para invertir, sin necesidad de recurrir al mercado de bonos o a una ampliación de capital.

Relevant Documents

Bidder


Intel ID 235826
Value EUR 1.000,00m (Approx.)
Native Currency Euro (EUR)
Financial Data - Lar España
(31 Dec 2024)
Revenue: EUR 114,46m
Net Debt: EUR 442,19m
Date
Country
Region
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Geography
Subsector (Old TTR Sectors)
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Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.02 Real Estate Investment Trusts (REITs)
25 Financial Services / 25.03 Real Estate

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Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.